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Waseca County Housing Market

Minnesota · 87 counties · Ranked #2038 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$213,200

vs national$213,200 vs $281,900 national

Median Gross Rent

$819/mo

vs national$819 vs $1,163 national

Effective Tax Rate

1.19%

vs national+1.19% vs 1.02% national

Median Household Income

$75,052

vs national+$75,052 vs $74,755 national

Affordability Ratio

2.8x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

26.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$2,537

Tax as % of Home Value

1.19%

Monthly Owner Cost

$1,139

Renter Income

$35,285

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Frequently Asked Questions

What is the median home value in Waseca County?

The median home value in Waseca County is $213,200. This is below the national median of $281,900.

How much is rent in Waseca County?

The median gross rent in Waseca County is $819 per month.

What is the property tax rate in Waseca County?

The effective property tax rate in Waseca County is 1.19%. The median annual property tax bill is $2,537.

Is Waseca County affordable?

With a home-value-to-income ratio of 2.8x, Waseca County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.